X Financial (XYF)

X Financial Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	1,153	984.61	1,195	602.27	584.76	746.39
Cash & Short-Term Investments	1,153	984.61	1,195	602.27	584.76	746.39
Cash Growth	-28.48%	-17.63%	98.47%	2.99%	-21.65%	-25.80%
Accounts Receivable	3,162	2,030	1,660	1,164	755.37	424.67
Other Receivables	-	-	-	15	15	-
Receivables	8,179	6,858	6,616	5,119	3,656	3,294
Prepaid Expenses	126.51	10.68	8.42	22.1	19.33	57.08
Restricted Cash	788.22	676.79	749.07	404.69	407.28	852.13
Other Current Assets	2,154	1,983	1,743	1,802	1,683	1,541
Total Current Assets	12,401	10,513	10,312	7,951	6,351	6,491
Property, Plant & Equipment	18.53	55.07	59.27	68.55	31.39	56.35
Long-Term Investments	934.62	1,012	1,102	688.61	642.88	301.62
Other Intangible Assets	37.15	36.59	36.81	36.55	36.82	37.44
Long-Term Deferred Tax Assets	259.65	197.71	135.96	88.43	274.87	605.65
Other Long-Term Assets	37.28	5.71	4.64	4.52	6.08	6.24
Total Assets	13,688	11,819	11,650	8,838	7,343	7,498
Accrued Expenses	1,757	1,145	789.72	709.91	451.86	398.25
Short-Term Debt	401.5	328.5	565	70.21	166.5	350.55
Current Portion of Leases	-	12.73	12.85	11.3	12.33	16.87
Current Income Taxes Payable	631.03	591.49	446.5	270.09	117.15	75.92
Other Current Liabilities	-	146.64	208.97	182.08	634.88	146.93
Total Current Liabilities	2,790	2,224	2,023	1,244	1,383	988.51
Long-Term Leases	19.92	27.52	37.57	51.19	12.02	27.61
Long-Term Unearned Revenue	323.07	164.72	46.6	-	-	-
Long-Term Deferred Tax Liabilities	56.66	65.96	30.04	0.72	-	-
Other Long-Term Liabilities	2,777	2,384	3,666	2,789	1,971	3,406
Total Liabilities	5,967	4,866	5,803	4,084	3,366	4,422
Common Stock	0.21	0.21	0.21	0.21	0.21	0.2
Additional Paid-In Capital	3,245	3,207	3,197	3,191	3,160	3,068
Retained Earnings	5,084	4,175	2,692	1,623	810.86	-14.55
Treasury Stock	-685.24	-509.64	-111.52	-124.6	-	-
Comprehensive Income & Other	77.27	81.05	69.48	63.6	6.31	21.06
Total Common Equity	7,721	6,953	5,847	4,753	3,977	3,075
Minority Interest	-	-	-	-	-	1.29
Shareholders' Equity	7,721	6,953	5,847	4,753	3,977	3,076
Total Liabilities & Equity	13,688	11,819	11,650	8,838	7,343	7,498
Total Debt	421.42	368.75	615.42	132.71	190.85	395.03
Net Cash (Debt)	731.57	615.86	579.93	469.56	393.91	351.36
Net Cash Growth	-33.63%	6.20%	23.50%	19.20%	12.11%	-62.76%
Net Cash Per Share	15.96	12.60	11.96	8.74	7.02	6.56
Filing Date Shares Outstanding	41.93	42.21	49.19	48.15	54.85	54.85
Total Common Shares Outstanding	41.93	41.78	48.93	47.99	54.85	53.85
Working Capital	9,611	8,288	8,289	6,707	4,968	5,502
Book Value Per Share	184.15	166.42	119.51	99.05	72.50	57.10
Tangible Book Value	7,684	6,917	5,810	4,717	3,940	3,037
Tangible Book Value Per Share	183.26	165.55	118.76	98.29	71.83	56.40
Machinery	-	33.82	26.65	26.21	23.12	26.59
Leasehold Improvements	-	27.53	24.31	23.71	22.8	21.68

Updated Aug 18, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

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